Ashapura Logistics Submits SEBI Certificate for Securities Dematerialization for Q4 2024

Team Finance Saathi

    25/Jan/2025

What's covered under the Article:

  1. Ashapura Logistics submits the certificate under SEBI Regulation 74(5) for Q4 2024.
  2. The certificate confirms securities received for dematerialization are listed and verified.
  3. Kfin Technologies certified the dematerialization and updating of the depository records.

Ashapura Logistics Limited, formerly known as Ashapura Forwarders Limited, has submitted a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This certificate pertains to the quarter ending on 31st December 2024 and confirms that the company has complied with SEBI's dematerialization and verification requirements.

The certificate, issued by Kfin Technologies Limited (the Registrar and Transfer Agent - RTA), affirms that the securities received for dematerialization within the specified 15-day period have been properly listed on the stock exchange. After due verification, the securities’ physical certificates have been mutilated and canceled, and the name of the depository has been updated in the company’s records as the registered owner.

This compliance ensures that Ashapura Logistics is adhering to the SEBI regulations and maintaining transparency in its securities handling and ownership records. The company’s stock remains fully compliant with the regulatory framework, ensuring a smooth and efficient process for its shareholders.

This certificate is essential for ensuring the proper handling of securities and maintaining accurate records, in line with the SEBI (Depositories and Participants) Regulations, 2018. The company is committed to meeting all compliance requirements and continues to work closely with its partners, including Kfin Technologies, to ensure smooth operations.


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